34.26 USD
-0.86 (-2.45%)
Last: Feb 2, 2026, 03:19 PM
Taking everything into account, BSY scores 5 out of 10 in our fundamental rating. BSY was compared to 278 industry peers in the Software industry. BSY has an excellent profitability rating, but there are concerns on its financial health. BSY has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
- In the past year BSY was profitable.
- In the past year BSY had a positive cash flow from operations.
- Each year in the past 5 years BSY has been profitable.
- In the past 5 years BSY always reported a positive cash flow from operatings.
1.2 Ratios
- BSY's Return On Assets of 7.77% is fine compared to the rest of the industry. BSY outperforms 79.50% of its industry peers.
- Looking at the Return On Equity, with a value of 22.53%, BSY belongs to the top of the industry, outperforming 88.85% of the companies in the same industry.
- BSY has a better Return On Invested Capital (10.86%) than 86.69% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for BSY is below the industry average of 10.73%.
- The 3 year average ROIC (8.00%) for BSY is below the current ROIC(10.86%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.77% | ||
| ROE | 22.53% | ||
| ROIC | 10.86% |
ROA(3y)7.42%
ROA(5y)7.4%
ROE(3y)30.01%
ROE(5y)29.96%
ROIC(3y)8%
ROIC(5y)10.54%
1.3 Margins
- With an excellent Profit Margin value of 18.44%, BSY belongs to the best of the industry, outperforming 81.30% of the companies in the same industry.
- BSY's Profit Margin has improved in the last couple of years.
- BSY has a Operating Margin of 24.23%. This is amongst the best in the industry. BSY outperforms 89.57% of its industry peers.
- In the last couple of years the Operating Margin of BSY has grown nicely.
- BSY has a Gross Margin of 81.20%. This is amongst the best in the industry. BSY outperforms 85.25% of its industry peers.
- In the last couple of years the Gross Margin of BSY has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.23% | ||
| PM (TTM) | 18.44% | ||
| GM | 81.2% |
OM growth 3Y5.52%
OM growth 5Y3.69%
PM growth 3Y21.55%
PM growth 5Y4.39%
GM growth 3Y1.43%
GM growth 5Y0.13%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BSY is creating some value.
- The number of shares outstanding for BSY has been increased compared to 1 year ago.
- Compared to 5 years ago, BSY has more shares outstanding
- The debt/assets ratio for BSY has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 3.46 indicates that BSY is not in any danger for bankruptcy at the moment.
- The Altman-Z score of BSY (3.46) is better than 66.91% of its industry peers.
- The Debt to FCF ratio of BSY is 2.71, which is a good value as it means it would take BSY, 2.71 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 2.71, BSY is doing good in the industry, outperforming 65.11% of the companies in the same industry.
- BSY has a Debt/Equity ratio of 1.04. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 1.04, BSY is doing worse than 78.06% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.04 | ||
| Debt/FCF | 2.71 | ||
| Altman-Z | 3.46 |
ROIC/WACC1.03
WACC10.57%
2.3 Liquidity
- A Current Ratio of 0.61 indicates that BSY may have some problems paying its short term obligations.
- BSY's Current ratio of 0.61 is on the low side compared to the rest of the industry. BSY is outperformed by 91.37% of its industry peers.
- BSY has a Quick Ratio of 0.61. This is a bad value and indicates that BSY is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of BSY (0.61) is worse than 91.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.61 | ||
| Quick Ratio | 0.61 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an nice 8.49% over the past year.
- The Earnings Per Share has been growing by 12.41% on average over the past years. This is quite good.
- The Revenue has grown by 11.12% in the past year. This is quite good.
- The Revenue has been growing by 12.93% on average over the past years. This is quite good.
EPS 1Y (TTM)8.49%
EPS 3Y8.4%
EPS 5Y12.41%
EPS Q2Q%12.5%
Revenue 1Y (TTM)11.12%
Revenue growth 3Y11.93%
Revenue growth 5Y12.93%
Sales Q2Q%12.05%
3.2 Future
- BSY is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 14.45% yearly.
- Based on estimates for the next years, BSY will show a quite strong growth in Revenue. The Revenue will grow by 9.22% on average per year.
EPS Next Y11.37%
EPS Next 2Y12.52%
EPS Next 3Y13%
EPS Next 5Y14.45%
Revenue Next Year10.24%
Revenue Next 2Y10.33%
Revenue Next 3Y10.33%
Revenue Next 5Y9.22%
3.3 Evolution
- The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 29.79 indicates a quite expensive valuation of BSY.
- Compared to the rest of the industry, the Price/Earnings ratio of BSY is on the same level as its industry peers.
- Compared to an average S&P500 Price/Earnings ratio of 28.32, BSY is valued at the same level.
- Based on the Price/Forward Earnings ratio of 25.29, the valuation of BSY can be described as expensive.
- BSY's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BSY is cheaper than 61.51% of the companies in the same industry.
- BSY's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.57.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.79 | ||
| Fwd PE | 25.29 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BSY is valued a bit cheaper than the industry average as 68.35% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of BSY indicates a somewhat cheap valuation: BSY is cheaper than 73.38% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 22.6 | ||
| EV/EBITDA | 27.95 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- BSY has an outstanding profitability rating, which may justify a higher PE ratio.
- A more expensive valuation may be justified as BSY's earnings are expected to grow with 13.00% in the coming years.
PEG (NY)2.62
PEG (5Y)2.4
EPS Next 2Y12.52%
EPS Next 3Y13%
5. Dividend
5.1 Amount
- BSY has a yearly dividend return of 0.80%, which is pretty low.
- The stock price of BSY dropped by -30.91% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
- BSY's Dividend Yield is rather good when compared to the industry average which is at 0.56. BSY pays more dividend than 90.29% of the companies in the same industry.
- With a Dividend Yield of 0.80, BSY pays less dividend than the S&P500 average, which is at 1.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.8% |
5.2 History
- BSY has been paying a dividend for over 5 years, so it has already some track record.
- BSY has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)N/A
Div Incr Years2
Div Non Decr Years4
5.3 Sustainability
- BSY pays out 30.41% of its income as dividend. This is a sustainable payout ratio.
DP30.41%
EPS Next 2Y12.52%
EPS Next 3Y13%
BENTLEY SYSTEMS INC-CLASS B / BSY FAQ
Can you provide the ChartMill fundamental rating for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a fundamental rating of 5 / 10 to BSY.
Can you provide the valuation status for BENTLEY SYSTEMS INC-CLASS B?
ChartMill assigns a valuation rating of 4 / 10 to BENTLEY SYSTEMS INC-CLASS B (BSY). This can be considered as Fairly Valued.
Can you provide the profitability details for BENTLEY SYSTEMS INC-CLASS B?
BENTLEY SYSTEMS INC-CLASS B (BSY) has a profitability rating of 8 / 10.
What are the PE and PB ratios of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The Price/Earnings (PE) ratio for BENTLEY SYSTEMS INC-CLASS B (BSY) is 29.79 and the Price/Book (PB) ratio is 8.7.
What is the financial health of BENTLEY SYSTEMS INC-CLASS B (BSY) stock?
The financial health rating of BENTLEY SYSTEMS INC-CLASS B (BSY) is 3 / 10.